1244 2nd Ave | Oakland, CA 94606
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- LoopNet Team
1244 2nd Ave
Oakland, CA 94606
Multifamily Property For Sale · 16 Units
Investment Highlights
- 1244 2nd Avenue is a unique, 11,928-square-foot Lake Merritt multifamily/mixed-use opportunity with Oakland Rent Adjustment Program Exemption.
- Ground floor features three newly renovated live/work units with attractive rental potential and a bustling corner retail position.
- Remaining second and third floors comprise 12 updated residential units with modern comforts and a mix of studios, one-bedrooms, and two-bedrooms.
- Ideal location just two blocks from the beauty of Lake Merritt, a short walk to Lake Merritt BART Station, and nearby shopping and dining amenities.
- Near the jewel of Oakland, Lake Merritt, in East Lake, 1244 2nd Avenue is close to the urban lined salt-water lake that is a gathering place for all.
PROPERTY FACTS
| No. Units | 16 | Lot Size | 0.10 AC |
| Property Type | Multifamily | Building Size | 11,928 SF |
| Property Subtype | Apartment | No. Stories | 3 |
| Apartment Style | Low Rise | Year Built/Renovated | 1925/2018 |
| Building Class | C |
| No. Units | 16 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low Rise |
| Building Class | C |
| Lot Size | 0.10 AC |
| Building Size | 11,928 SF |
| No. Stories | 3 |
| Year Built/Renovated | 1925/2018 |
Unit Amenities
- Cable Ready
- Crown Molding
- Granite Countertops
- Hardwood Floors
- Range
- Wi-Fi
- Intercom
Site Amenities
- Controlled Access
- Recycling
PROPERTY TAXES
| Parcel Number | 020-0127-001-00 | Improvements Assessment | $4,543,652 |
| Land Assessment | $1,717,286 | Total Assessment | $6,273,568 |
PROPERTY TAXES
Parcel Number
020-0127-001-00
Land Assessment
$1,717,286
Improvements Assessment
$4,543,652
Total Assessment
$6,273,568
zoning
| Zoning Code | Mixed Use |
| Mixed Use |
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